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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Data assembled by ShopperTrak and published by The Wall Street Journal in January of 2014 only quantified the steepness of that decline — starting as early as 2011. Take Macy’s — the once-iconic department store with a market cap today of $4 billion. It’s Amazon. According to PYMNTS analysis, as of Q3 2020, Amazon had a 14.3

Consumer 123
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Top 8 Fintech Investors in Indonesia Fueling The Revolution

Fintech News

With assets under management (AUM) exceeding US$500 million and over 120 investments, AC Ventures has significantly impacted the market, creating a market cap of US$7 billion. Indonesia’s fintech landscape is booming. Recent investments include Academix (Gapai), Yobo, AssetFindr, and Dash Electric, according to Tech in Asia.

FinTech 117
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition. Date: August 15, 2011. Credit Suisse paid nearly three times the book value for DLJ, and got little in return. HP and Autonomy. Price: $11.1B.

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LendingClub Settles With SEC, DOJ

PYMNTS

LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. Attorney Alex Tse. “We

P2P 54
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Finovate Global Mexico: Banorte’s Digital Bank, Amazon’s BNPL Partnership with Kueski Pay

Finovate

The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos. Founded in 2011, Prestadero was the first fully legally compliant and operational P2P lending platform in Mexico. Bimeo offers a pair of accounts for customers. The bimeo Total Account allows for unlimited deposits.

BNPL 59
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Should Facebook Buy eBay?

PYMNTS

And, in 2011, eBay acquired eCommerce tech platforms GSI Commerce and Magento to create more synergies with the online retailers that were its customers. Only 4 percent of consumers who liked a brand as a result of a campaign ever returned to that brand’s page again. With a market cap of $37.2 But so what, you say, since 99.5

PayPal 51
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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. Fundrise also lets users invest in real estate portfolios, touting historical returns of between 8.7% The strength of the neobank value proposition rests on its digital-first focus.

Finance 77